Technical Analysis Software India - – www.Vogaz.com
What is Estimator?
Estimator based on technical indicators gives a summarized result of the current market scenario. It gives a list of indicators with bull and bear signals against the, indicating how technical indicators are reacting in the current market, are they indicating a bull or a bear trend.
How does it work?
Estimator summarizes the total bull and bear signals for the current market scenario. It has green (bull) and red (bear) bars that indicate which out of the two trends dominating. If green bars are more it is a bullish trend and if red are more it is a bearish trend. Estimator’s result varies with different time intervals. For a small change in trend use 5 to 15 minutes time interval and for intermediate to major change in trend 60 to daily would be more relevant.
How does it benefit trader?
A trader would get to know when exactly to enter or exit a trade. Estimator would indicate whether in the current market scenario the stock, future or commodity is bullish bearish or is it a mixed trend. It prevents financial market investors from investing at the time of mixed trend, which is a high risk trade. It also shows how indicator is behaving, without having to use it on a chart and analyzing. Sometimes analyst wrongly interprets indicator and can get misguided. 
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